MPs summon Thugge over ‘secret’ currency printing contract

Kamau Thugge

Central Bank of Kenya Governor Kamau Thugge in his office in Nairobi on June 21, 2024.

Photo credit: Wilfred Nyangaresi | Nation

Central Bank of Kenya (CBK) Governor Kamau Thugge has been summoned to Parliament to provide details of a contract signed with an undisclosed German firm to print the country's new bank notes.

The National Assembly's Finance and National Planning Committee wants the CBK chief to shed light on the name of the German firm, how the tender was awarded and how much the deal will cost the taxpayer to print the new currency.

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